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General News of Friday, 31 May 2024

    

Source: Joy News

China retains position as Ghana’s largest import partner as Russia displaces UK in top 5 category

Tema Port Tema Port

In 2023, China maintained its position as Ghana's largest import partner, with imports rising from GH₵26.4 billion in 2022 to GH₵33.9 billion.

The Russian Federation joined the top five import sources, replacing the UK, primarily supplying mineral fuels and oils. The Netherlands remained significant, with imports of GH₵17.3 billion in mineral fuels and oils. India surpassed the USA, becoming the fourth-largest source at GH₵11.7 billion. Diesel-automotive gas oil and light oils were the top imports.

Sea transport dominated imports at 89.1%, while exports were split between air (46.3%) and sea (46.1%), with gold transported exclusively by air and mineral fuels, oils, and cocoa beans by sea.

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